euro adhoc: S&T System Integration&Technology Distribution AG / Mergers - Acquisitions - Takeovers / S&T Purchases IT Activities of T-Systems Turkey S&T takes over the IT and SAP activities (E)

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

11.09.2006

11 September 2006. Austria - Turkey. Following the takeover of Unitis in Hungary
last week, S&T System Integration & Technology Distribution AG has announced
that it is to purchase the IT and SAP activities of T-Systems Turkey, further
expanding its region-wide SAP presence.

The main purpose of the acquisition for S&T is that it will enable the company
to upgrade its Managed Services and Business Solutions activities and expand its
SAP business in Turkey. S&T intends to use the takeover to further strengthen
its presence in this growing IT market.

T-Systems Turkey is one of the leading ICT providers in the country and has a
customer base which includes both renowned Turkish and international companies
from the automobile and manufacturing industries. The takeover will bring the
number of S&T employees in Turkey to over 70.

"This takeover means that we can now offer our customers in Turkey the full
range of S&T services, although the main focus will continue to be on telecoms
and the manufacturing industry. The IT and SAP activities of T-Systems Turkey
are a fantastic addition to our existing infrastructure activities," said
Christian Rosner, CEO of S&T AG.

The parties have agreed to keep details of the transaction confidential.

About S&T - www.snt.at - XETRA VIENNA: SNT
With some 2,100 employees S&T is the leading provider for IT solutions and
services for customers in Central and Eastern Europe. The company develops and
implements custom-tailored IT solutions for large and medium-sized
telecommunications companies, banks, power utilities, manufacturing companies
and public institutions. Through our subsidiaries in 19 countries we realise
cross-border IT structures, offering our clients outstanding solutions and
service competence.

Further inquiry note:
Christian Rosner Irene Preißler
Chief Executive Officer Corporate Communications
T: +43 (0)1 367 80 88 T: +43 (0)1 367 80 88-1029
Christian.Rosner@snt.at Irene.Preissler@snt.at

S&T SYSTEM INTEGRATION & TECHNOLOGY DISTRIBUTION AG
Geiselbergstrasse 17-19
1110 Vienna
Austria

end of announcement euro adhoc 11.09.2006 08:16:33
--------------------------------------------------------------------------------

emitter: S&T System Integration&Technology Distribution AG
Geiselbergstraße 17-19
A-1110 Wien
phone: 01-367 80 88
FAX: 01-367 80 88-1099
mail: snt@snt.at
WWW: http://www.snt.at
ISIN: AT0000905351
indexes: WBI, ATX Prime
stockmarkets: official market: Wiener Börse AG
sector: Computing & Information Technology
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

print